Altcoins News

Story: Bitwise and 21Shares Slash Fees, Add Staking to Solana and Ethereum ETFs

By Sakamoto Nashi

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A New Era for Crypto ETFs. The updates come just days after Grayscale became the first to add staking functionality to its U.S.

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Competitive Pressure Builds Among ETF Providers. At just 0.20%, Bitwise’s proposed fee undercuts most competitors, whose management costs typically…

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21Shares Expands Ethereum Offering. Meanwhile, 21Shares has also moved to enhance its crypto fund lineup.

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How Staking ETFs Work. Staking is the process of locking up digital assets like Solana (SOL) or Ethereum (ETH) to help…

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Analysts Weigh In. Maksim Balashevich, founder and CEO of analytics firm Santiment, said institutional investors will…

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Grayscale Sets the Stage. The shift toward staking ETFs began earlier this week when Grayscale became the first U.S.

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What This Means for Investors. The race to integrate staking is expected to intensify competition among ETF providers.

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Looking Ahead. The entry of Bitwise and 21Shares into the staking ETF arena underscores how quickly the U.S.

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Two of the biggest players in the U.S. crypto exchange-traded fund (ETF) market, Bitwise and 21Shares, have unveiled major updates to their offerings — introducing staking…

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Bitwise, one of the most active issuers in the digital asset ETF space, filed to rename its product as the “Bitwise Solana Staking ETF.

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The filing also outlines a 0.20% unitary management fee, which covers all operating costs. In a competitive twist, Bitwise announced that the fee will be waived for the first…

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According to Bloomberg senior ETF analyst Eric Balchunas, Bitwise’s pricing strategy is a “good sign for inflow potential,” noting that low fees have historically driven stronger…

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Meanwhile, 21Shares has also moved to enhance its crypto fund lineup. The company filed an update for its 21Shares Ethereum ETF (TETH), adding staking capabilities and waiving…

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In a statement, Federico Brokate, head of U.S. business at 21Shares, called the update a “natural evolution of Ethereum investment products in the U.S. market.

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Those staking rewards will flow back into the ETF, increasing the value of the fund and providing a passive income stream for investors.

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